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Compare Faroe Islands (2006) - Nicaragua (2008)
Compare Faroe Islands (2006) z Nicaragua (2008)
| Faroe Islands (2006) | Nicaragua (2008) | |
 |  | |
| Administrative divisions | none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark); there are no first-order administrative divisions as defined by the US Government, but there are 49 municipalities | 15 departments (departamentos, singular - departamento) and 2 autonomous regions* (regiones autonomistas, singular - region autonoma); Atlantico Norte*, Atlantico Sur*, Boaco, Carazo, Chinandega, Chontales, Esteli, Granada, Jinotega, Leon, Madriz, Managua, Masaya, Matagalpa, Nueva Segovia, Rio San Juan, Rivas |
| Age structure | 0-14 years: 20.9% (male 4,940/female 4,952)
15-64 years: 65.1% (male 16,247/female 14,522) 65 years and over: 13.9% (male 2,976/female 3,609) (2006 est.) |
0-14 years: 35.5% (male 1,025,426/female 988,148)
15-64 years: 61.3% (male 1,734,153/female 1,746,574) 65 years and over: 3.2% (male 79,589/female 101,466) (2007 est.) |
| Agriculture - products | milk, potatoes, vegetables; sheep; salmon, other fish | coffee, bananas, sugarcane, cotton, rice, corn, tobacco, sesame, soya, beans; beef, veal, pork, poultry, dairy products; shrimp, lobsters |
| Airports | 1 (2006) | 163 (2007) |
| Airports - with paved runways | total: 1
914 to 1,523 m: 1 (2006) |
total: 11
2,438 to 3,047 m: 3 1,524 to 2,437 m: 2 914 to 1,523 m: 3 under 914 m: 3 (2007) |
| Airports - with unpaved runways | - | total: 152
1,524 to 2,437 m: 1 914 to 1,523 m: 16 under 914 m: 135 (2007) |
| Area | total: 1,399 sq km
land: 1,399 sq km water: 0 sq km (some lakes and streams) |
total: 129,494 sq km
land: 120,254 sq km water: 9,240 sq km |
| Area - comparative | eight times the size of Washington, DC | slightly smaller than the state of New York |
| Background | The population of the Faroe Islands is largely descended from Viking settlers who arrived in the 9th century. The islands have been connected politically to Denmark since the 14th century. A high degree of self government was attained in 1948. | The Pacific coast of Nicaragua was settled as a Spanish colony from Panama in the early 16th century. Independence from Spain was declared in 1821 and the country became an independent republic in 1838. Britain occupied the Caribbean Coast in the first half of the 19th century, but gradually ceded control of the region in subsequent decades. Violent opposition to governmental manipulation and corruption spread to all classes by 1978 and resulted in a short-lived civil war that brought the Marxist Sandinista guerrillas to power in 1979. Nicaraguan aid to leftist rebels in El Salvador caused the US to sponsor anti-Sandinista contra guerrillas through much of the 1980s. Free elections in 1990, 1996, and 2001, saw the Sandinistas defeated, but voting in 2006 announced the return of former Sandinista President Daniel ORTEGA Saavedra. Nicaragua's infrastructure and economy - hard hit by the earlier civil war and by Hurricane Mitch in 1998 - are slowly being rebuilt. |
| Birth rate | 14.05 births/1,000 population (2006 est.) | 24.12 births/1,000 population (2007 est.) |
| Budget | revenues: $488 million
expenditures: $484 million; including capital expenditures of $21 million (1999) |
revenues: $1.027 billion
expenditures: $1.336 billion (2007 est.) |
| Capital | name: Torshavn
geographic coordinates: 62 01 N, 6 46 W time difference: UTC (5 hours ahead of Washington, DC during Standard Time) daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October |
name: Managua
geographic coordinates: 12 09 N, 86 17 W time difference: UTC-6 (1 hour behind Washington, DC during Standard Time) |
| Climate | mild winters, cool summers; usually overcast; foggy, windy | tropical in lowlands, cooler in highlands |
| Coastline | 1,117 km | 910 km |
| Constitution | 5 June 1953 (Danish constitution) | 9 January 1987; reforms in 1995, 2000, and 2005 |
| Country name | conventional long form: none
conventional short form: Faroe Islands local long form: none local short form: Foroyar |
conventional long form: Republic of Nicaragua
conventional short form: Nicaragua local long form: Republica de Nicaragua local short form: Nicaragua |
| Death rate | 8.7 deaths/1,000 population (2006 est.) | 4.42 deaths/1,000 population (2007 est.) |
| Debt - external | $64 million (1999) | $3.702 billion (31 December 2007 est.) |
| Dependency status | part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark since 1948 | - |
| Diplomatic representation from the US | none (self-governing overseas administrative division of Denmark) | chief of mission: Ambassador Paul A. TRIVELLI
embassy: Kilometer 4.5 Carretera Sur, Managua mailing address: P.O. Box 327 telephone: [505] 266-6010 FAX: [505] 266-3861 |
| Diplomatic representation in the US | none (self-governing overseas administrative division of Denmark) | chief of mission: Ambassador Arturo CRUZ Sequeira, Jr.
chancery: 1627 New Hampshire Avenue NW, Washington, DC 20009 telephone: [1] (202) 939-6570, [1] (202) 939-6573 FAX: [1] (202) 939-6545 consulate(s) general: Houston, Los Angeles, Miami, New York, San Francisco |
| Disputes - international | because anticipated offshore hydrocarbon resources have not been realized, earlier Faroese proposals for full independence have been deferred; Iceland disputes the Faroe Islands' fisheries median line boundary; Iceland, the UK, and Ireland dispute Denmark's claim that the Faroe Islands' continental shelf extends beyond 200 nm | memorials and countermemorials were filed by the parties in Nicaragua's 1999 and 2001 proceedings against Honduras and Colombia at the ICJ over the maritime boundary and territorial claims in the western Caribbean Sea, final public hearings are scheduled for 2007; the 1992 ICJ ruling for El Salvador and Honduras advised a tripartite resolution to establish a maritime boundary in the Gulf of Fonseca, which considers Honduran access to the Pacific; legal dispute over navigational rights of San Juan River on border with Costa Rica |
| Economic aid - recipient | $135 million (annual subsidy from Denmark) (1998) | $471 million (2006 est.) |
| Economy - overview | The Faroese economy has had a strong performance since 1994, mostly as a result of increasing fish landings and high and stable export prices. Unemployment is minimal and there are signs of labor shortages in several sectors. The positive economic development has helped the Faroese Home Rule Government produce increasing budget surpluses, which in turn have helped reduce the large public debt, most of it owed to Denmark. However, the total dependence on fishing makes the Faroese economy extremely vulnerable, and the present fishing efforts appear in excess of what is a sustainable level of fishing in the long term. Oil finds close to the Faroese area give hope for deposits in the immediate Faroese area, which may eventually lay the basis for a more diversified economy and thus lessen dependence on Danish economic assistance. Aided by a substantial annual subsidy (about 15% of GDP) from Denmark, the Faroese have a standard of living not far below the Danes and other Scandinavians. | Nicaragua has widespread underemployment, one of the highest degrees of income inequality in the world, and the third lowest per capita income in the Western Hemisphere. While the country has progressed toward macroeconomic stability in the past few years, annual GDP growth has been far too low to meet the country's needs, forcing the country to rely on international economic assistance to meet fiscal and debt financing obligations. In early 2004, Nicaragua secured some $4.5 billion in foreign debt reduction under the Heavily Indebted Poor Countries (HIPC) initiative, and in October 2007, the IMF approved a new poverty reduction and growth facility (PRGF) program that should create fiscal space for social spending and investment. The continuity of a relationship with the IMF reinforces donor confidence, despite private sector concerns surrounding Ortega, which has dampened investment. The US-Central America Free Trade Agreement (CAFTA) has been in effect since April 2006 and has expanded export opportunities for many agricultural and manufactured goods. Energy shortages fueled by high oil prices, however, are a serious bottleneck to growth. |
| Electricity - consumption | 242 million kWh (2003) | 2.929 billion kWh (2006) |
| Electricity - exports | 0 kWh (2003) | 8 million kWh (2005) |
| Electricity - imports | 0 kWh (2003) | 69.34 million kWh (2006) |
| Electricity - production | 260.2 million kWh (2003) | 2.778 billion kWh (2006) |
| Elevation extremes | lowest point: Atlantic Ocean 0 m
highest point: Slaettaratindur 882 m |
lowest point: Pacific Ocean 0 m
highest point: Mogoton 2,438 m |
| Environment - current issues | NA | deforestation; soil erosion; water pollution |
| Environment - international agreements | - | party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Ship Pollution, Wetlands, Whaling
signed, but not ratified: Environmental Modification |
| Ethnic groups | Scandinavian | mestizo (mixed Amerindian and white) 69%, white 17%, black 9%, Amerindian 5% |
| Exchange rates | Danish kroner per US dollar - 5.9969 (2005), 5.9911 (2004), 6.5877 (2003), 7.8947 (2002), 8.3228 (2001) | gold cordobas per US dollar - 18.457 (2007), 17.582 (2006), 16.733 (2005), 15.937 (2004), 15.105 (2003) |
| Executive branch | chief of state: Queen MARGRETHE II of Denmark (since 14 January 1972), represented by High Commissioner Birgit KLEIS, chief administrative officer (since 1 November 2001)
head of government: Prime Minister Joannes EIDESGAARD (since 3 February 2004) cabinet: Landsstyri appointed by the prime minister elections: the monarch is hereditary; high commissioner appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually elected prime minister by the Faroese Parliament; election last held 20 January 2004 (next to be held no later than January 2008) election results: Joannes EIDESGAARD elected prime minister; percent of parliamentary vote - NA |
chief of state: President Daniel ORTEGA Saavedra (since 10 January 2007); Vice President Jaime MORALES Carazo (since 10 January 2007); note - the president is both chief of state and head of government
head of government: President Daniel ORTEGA Saavedra (since 10 January 2007); Vice President Jaime MORALES Carazo (since 10 January 2007) cabinet: Council of Ministers appointed by the president elections: president and vice president elected on the same ticket by popular vote for a five-year term (eligible for a second term so long as it is not consecutive); election last held 5 November 2006 (next to be held by November 2011) election results: Daniel ORTEGA Saavedra elected president - 38.07%, Eduardo MONTEALEGRE 29%, Jose RIZO 26.21%, Edmundo JARQUIN 6.44% |
| Exports | NA bbl/day | 1,397 bbl/day (2004) |
| Exports - commodities | fish and fish products 94%, stamps, ships (1999) | coffee, beef, shrimp and lobster, tobacco, sugar, gold, peanuts |
| Exports - partners | Denmark 38.2%, UK 29.6%, Nigeria 8.9%, Norway 6.1%, Netherlands 4.3% (2005) | US 65.2%, El Salvador 6.9%, Honduras 3.8% (2006) |
| Fiscal year | calendar year | calendar year |
| Flag description | white with a red cross outlined in blue extending to the edges of the flag; the vertical part of the cross is shifted toward the hoist side in the style of the Dannebrog (Danish flag) | three equal horizontal bands of blue (top), white, and blue with the national coat of arms centered in the white band; the coat of arms features a triangle encircled by the words REPUBLICA DE NICARAGUA on the top and AMERICA CENTRAL on the bottom; similar to the flag of El Salvador, which features a round emblem encircled by the words REPUBLICA DE EL SALVADOR EN LA AMERICA CENTRAL centered in the white band; also similar to the flag of Honduras, which has five blue stars arranged in an X pattern centered in the white band |
| GDP - composition by sector | agriculture: 27%
industry: 11% services: 62% (1999) |
agriculture: 17.1%
industry: 25.9% services: 56.9% (2007 est.) |
| GDP - real growth rate | 10% (2001 est.) | 2.9% (2007 est.) |
| Geographic coordinates | 62 00 N, 7 00 W | 13 00 N, 85 00 W |
| Geography - note | archipelago of 17 inhabited islands and one uninhabited island, and a few uninhabited islets; strategically located along important sea lanes in northeastern Atlantic; precipitous terrain limits habitation to small coastal lowlands | largest country in Central America; contains the largest freshwater body in Central America, Lago de Nicaragua |
| Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%: 2.2%
highest 10%: 33.8% (2001) |
| Illicit drugs | - | transshipment point for cocaine destined for the US and transshipment point for arms-for-drugs dealing |
| Imports | NA bbl/day | 15,560 bbl/day (2005 est.) |
| Imports - commodities | consumer goods 36%, raw materials and semi-manufactures 32%, machinery and transport equipment 29%, fuels, fish, salt (1999) | consumer goods, machinery and equipment, raw materials, petroleum products |
| Imports - partners | Denmark 46.2%, Norway 18.2%, Germany 8.2%, Spain 7.5%, Iceland 4.8% (2005) | US 20.1%, Mexico 13.9%, Venezuela 9.4%, Costa Rica 6.9%, Guatemala 5.4%, China 4.3% (2006) |
| Independence | none (part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark) | 15 September 1821 (from Spain) |
| Industrial production growth rate | 8% (1999 est.) | 3% (2007 est.) |
| Industries | fishing, fish processing, small ship repair and refurbishment, handicrafts | food processing, chemicals, machinery and metal products, textiles, clothing, petroleum refining and distribution, beverages, footwear, wood |
| Infant mortality rate | total: 6.12 deaths/1,000 live births
male: 7.4 deaths/1,000 live births female: 4.85 deaths/1,000 live births (2006 est.) |
total: 27.14 deaths/1,000 live births
male: 30.45 deaths/1,000 live births female: 23.67 deaths/1,000 live births (2007 est.) |
| Inflation rate (consumer prices) | 5.1% (1999) | 9.8% (2007 est.) |
| International organization participation | Arctic Council, IMO (associate), NC, NIB, UPU | BCIE, CACM, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO (correspondent), ITSO, ITU, ITUC, LAES, LAIA (observer), MIGA, NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, Union Latina, UNWTO, UPU, WCL, WCO, WHO, WIPO, WMO, WTO |
| Irrigated land | 0 sq km | 610 sq km (2003) |
| Judicial branch | none | Supreme Court or Corte Suprema de Justicia (16 judges elected for five-year terms by the National Assembly) |
| Labor force | 24,250 (October 2000) | 2.262 million (2007 est.) |
| Labor force - by occupation | agriculture: 33%
industry: 33% services: 34% |
agriculture: 29%
industry: 19% services: 52% (2006 est.) |
| Land boundaries | 0 km | total: 1,231 km
border countries: Costa Rica 309 km, Honduras 922 km |
| Land use | arable land: 2.14%
permanent crops: 0% other: 97.86% (2005) |
arable land: 14.81%
permanent crops: 1.82% other: 83.37% (2005) |
| Languages | Faroese (derived from Old Norse), Danish | Spanish 97.5% (official), Miskito 1.7%, other 0.8% (1995 census)
note: English and indigenous languages on Atlantic coast |
| Legal system | Danish | civil law system; Supreme Court may review administrative acts; accepts compulsory ICJ jurisdiction |
| Legislative branch | unicameral Faroese Parliament or Logting (32 seats; members are elected by popular vote on a proportional basis from the seven constituencies to serve four-year terms)
elections: last held 20 January 2004 (next to be held no later than January 2008) election results: percent of vote by party - Union Party 23.7%, Social Democratic Party 21.8%, Republican Party 21.7%, People's Party 20.6%, Center Party 5.2%, Independence Party 4.6%; seats by party - Union Party 7, Social Democratic Party 7, Republican Party 8, People's Party 7, Center Party 2, Independence Party 1 note: election of two seats to the Danish Parliament was last held on 8 February 2005 (next to be held February 2009); results - percent of vote by party - NA; seats by party - Republican Party 1, People's Party 1 |
unicameral National Assembly or Asamblea Nacional (92 seats; 90 members are elected by proportional representation and party lists to serve five-year terms; 1 seat for the previous president, 1 seat for the runner-up in previous presidential election)
elections: last held 5 November 2006 (next to be held by November 2011) election results: percent of vote by party - NA; seats by party - FSLN 38, PLC 25, ALN 23 (22 plus one for presidential candidate Eduardo MONTEALEGRE, runner-up in the 2006 presidential election), MRS 5, APRE 1 (outgoing President Enrique BOLANOS) |
| Life expectancy at birth | total population: 79.35 years
male: 75.91 years female: 82.8 years (2006 est.) |
total population: 70.92 years
male: 68.82 years female: 73.13 years (2007 est.) |
| Literacy | definition: NA
total population: NA% male: NA% female: NA% note: probably 100%, the same as Denmark proper |
definition: age 15 and over can read and write
total population: 67.5% male: 67.2% female: 67.8% (2003 est.) |
| Location | Northern Europe, island group between the Norwegian Sea and the North Atlantic Ocean, about one-half of the way from Iceland to Norway | Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Costa Rica and Honduras |
| Map references | Europe | Central America and the Caribbean |
| Maritime claims | territorial sea: 3 nm
continental shelf: 200 nm or agreed boundaries or median line exclusive fishing zone: 200 nm or agreed boundaries or median line |
territorial sea: 12 nm
contiguous zone: 24 nm continental shelf: natural prolongation |
| Merchant marine | total: 18 ships (1000 GRT or over) 19,265 GRT/9,171 DWT
by type: cargo 10, container 2, passenger/cargo 4, petroleum tanker 2 foreign-owned: 8 (Iceland 4, Norway 4) (2006) |
- |
| Military - note | defense is the responsibility of Denmark | - |
| Military branches | no regular military forces | National Army of Nicaragua (ENN; includes Navy, Air Force) (2007) |
| Military expenditures - dollar figure | NA | - |
| Military expenditures - percent of GDP | NA | 0.6% (2006) |
| National holiday | Olaifest (Olavasoka), 29 July | Independence Day, 15 September (1821) |
| Nationality | noun: Faroese (singular and plural)
adjective: Faroese |
noun: Nicaraguan(s)
adjective: Nicaraguan |
| Natural hazards | NA | destructive earthquakes, volcanoes, landslides; extremely susceptible to hurricanes |
| Natural resources | fish, whales, hydropower, possible oil and gas | gold, silver, copper, tungsten, lead, zinc, timber, fish |
| Net migration rate | 0.47 migrant(s)/1,000 population (2006 est.) | -1.15 migrant(s)/1,000 population (2007 est.) |
| Pipelines | - | oil 54 km (2007) |
| Political parties and leaders | Center Party [Jenis A. RANA]; Independence Party [Kari P. HOJGAARD]; People's Party [Anfinn KALLSBERG]; Republican Party [Hogni HOYDAL]; Social Democratic Party [Joannes EIDESGAARD]; Union Party [Kaj Leo JOHANNESEN] | Alliance for the Republic or APRE [Miguel LOPEZ Baldizon]; Alternative for Change or AC [Orlando TARDENCILLA Espinoza]; Central American Unionist Party or PUCA [Blanca ROJAS]; Conservative Party or PC [Azalia AVILES Salmeron]; Independent Liberal Party or PLI [Anibal MARTINEZ Nunez, Pedro REYES Vallejos]; Independent Liberal Party for National Unity or PLIUN [Carlos GUERRA Gallardo]; Liberal Constitutionalist Party or PLC [Jorge CASTILLO Quant]; Liberal Salvation Movement or MSL [Eliseo NUNEZ Hernandez]; New Liberal Party or PALI [Adolfo GARCIA Esquivel]; Nicaraguan Liberal Alliance or ALN [Eduardo MONTEALEGRE]; Nicaraguan Resistance Party or PRN [Salvador TALAVERA]; Sandinista National Liberation Front or FSLN [Daniel ORTEGA Saavedra]; Sandinista Renovation Movement or MRS [Dora Maria TELLEZ] |
| Political pressure groups and leaders | NA | National Workers Front or FNT is a Sandinista umbrella group of eight labor unions including - Farm Workers Association or ATC, Health Workers Federation or FETASALUD, Heroes and Martyrs Confederation of Professional Associations or CONAPRO, National Association of Educators of Nicaragua or ANDEN, National Union of Employees or UNE, National Union of Farmers and Ranchers or UNAG, Sandinista Workers Central or CST, and Union of Journalists of Nicaragua or UPN; Permanent Congress of Workers or CPT is an umbrella group of four non-Sandinista labor unions including - Autonomous Nicaraguan Workers Central or CTN-A, Confederation of Labor Unification or CUS, Independent General Confederation of Labor or CGT-I, and Labor Action and Unity Central or CAUS; Nicaraguan Workers' Central or CTN is an independent labor union; Superior Council of Private Enterprise or COSEP is a confederation of business groups |
| Population | 47,246 (July 2006 est.) | 5,675,356 (July 2007 est.) |
| Population below poverty line | NA% | 48% (2005) |
| Population growth rate | 0.58% (2006 est.) | 1.855% (2007 est.) |
| Radio broadcast stations | AM 1, FM 13, shortwave 0 (1998) | AM 63, FM 32, shortwave 1 (1998) |
| Railways | - | total: 6 km
narrow gauge: 6 km 1.067-m gauge (2006) |
| Religions | Evangelical Lutheran | Roman Catholic 72.9%, Evangelical 15.1%, Moravian 1.5%, Episcopal 0.1%, other 1.9%, none 8.5% (1995 census) |
| Sex ratio | at birth: 1 male(s)/female
under 15 years: 1 male(s)/female 15-64 years: 1.12 male(s)/female 65 years and over: 0.83 male(s)/female total population: 1.05 male(s)/female (2006 est.) |
at birth: 1.05 male(s)/female
under 15 years: 1.038 male(s)/female 15-64 years: 0.993 male(s)/female 65 years and over: 0.784 male(s)/female total population: 1.001 male(s)/female (2007 est.) |
| Suffrage | 18 years of age; universal | 16 years of age; universal |
| Telephone system | general assessment: good international communications; good domestic facilities
domestic: digitalization was completed in 1998; both NMT (analog) and GSM (digital) mobile telephone systems are installed international: country code - 298; satellite earth stations - 1 Orion; 1 fiber-optic submarine cable to the Shetland Islands, linking the Faroe Islands with Denmark and Iceland; fiber-optic submarine cable connection to Canada-Europe cable |
general assessment: system being upgraded by foreign investment; nearly all installed telecommunications capacity now uses digital technology, owing to investments since privatization of the formerly state-owned telecoms company
domestic: since privatization, access to fixed-line and mobile-cellular services has improved but teledensity still lags behind other Central American countries; connected to Central American Microwave System international: country code - 505; the Americas Region Caribbean Ring System (ARCOS-1) fiber optic submarine cable provides connectivity to South and Central America, parts of the Caribbean, and the US; satellite earth stations - 1 Intersputnik (Atlantic Ocean region) and 1 Intelsat (Atlantic Ocean) |
| Telephones - main lines in use | 23,800 (2005) | 247,900 (2006) |
| Telephones - mobile cellular | 42,500 (2005) | 1.83 million (2006) |
| Television broadcast stations | 3 (plus 43 low-power repeaters) (September 1995) | 3 (plus 7 repeaters) (1997) |
| Terrain | rugged, rocky, some low peaks; cliffs along most of coast | extensive Atlantic coastal plains rising to central interior mountains; narrow Pacific coastal plain interrupted by volcanoes |
| Total fertility rate | 2.17 children born/woman (2006 est.) | 2.69 children born/woman (2007 est.) |
| Unemployment rate | 1% (October 2000) | 5.6% plus underemployment of 46.5% (2007 est.) |
| Waterways | - | 2,220 km (including lakes Managua and Nicaragua) (2007) |
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